Just wait the QR :)

News 25 May 2022:
The government has ruled out curtailing cooking oil exports as it has enough supplies to meet local demand. Malaysia aims to fill the world gap in the edible oil world market caused by the Russia-Ukraine war.

cashless payment always has a future....

yes plus somemore, the acquisition of Wannatalk and ScanPay allows the company to build more complete ecosystem by integrating its core capability in their payment solutions provider.. this is not include the company collaboration that users can make transactions via the UnionPay QR in China too..

under ETP, company has launched its ewallet known as wannaPay to pre-purchase duty free products at the airport and the item will be available at the counter after you have cleared immigration.. this feature provides convenience to users.. the border reopening create more opportunity and strategy for company to generate the revenue..

bursa really genting no.2 haha

@WinBigOrLoseAll nice name bursa-de-casino haha

@investmalaysia618 correct. markets never wrong

solve the puzzle by check their financial:
-account receivables
-cash from operating activities
-free cash flow
-gearing ratio

very steady

never invest and buy this stock

congratulation and celebration

u all dont know meh? bursa is genting no.2... while we working also can get the same adrenaline rush like in genting one...

the company is a proxy to the robust domestic e-payment industry:
(i) robust growth in EDC terminals
(ii) regulatory push to drive e-payment adoption
(iii) riding on e-wallet trend
(iv) beneficiary of China cross border e-commerce trend

after all, do u believe people moving backward to use more cash payment rather than using debit card/credit card on EDC terminal? do u believe people will use cash rather e-payment adoption and e-payment growth?

if u believe terminal payment, e-payment, e-wallet will grow time to time, this stock is right for u man :)

the company has 90,000 EDC terminal points which controls a 12% market share in Malaysia’s EDC terminal industry. quiet a substantial amount of market share.

Electronic Data Capture (EDC) terminal contribute to 64.8% revenue,
Electronic Transaction Processing (ETP) contribute to 20.6% revenue,
Solutions and services payment infrastructure contribute to 14.6% revenue.
The more transactions will lead to more ETP generated and will lead more EDC terminal too.

Now we are not in the state of lockdown anymore. So the company will be a direct beneficiary for the current transition of endemic phase and beneficiary of the border reopening because of higher transaction volume. Even the nightclub just been allowed :') so country economy is slowly moving maa. so light up ur cigar for a while.

Relax, the company just end the markdown phase. Ofcourse the stock going to start the accumulation phase again. Atleast the markdown or major selloff phase has end.

When company will release the Quarter Report?

congratulation and celebration

MAYDAY MAYDAY

CRASH

News 18 May 2022:

Aeon Co. (M) Bhd recorded a net profit of RM28.07mil in the first quarter ended March 31, 2022, a 27.38% improvement over RM22.03mil in the previous corresponding quarter on improved retail margin and higher impairment of trade receivables in the comparative quarter.

532TKY could you provide the article link?

kaw kaw

yes brothers haha

@monetary indeed bursa saved by the bell haha.

@IMwhatIM correct

historically, MPI quarter-on-quarter earnings growth is one of the best in the industry :)

MPI's outsourced semiconductor assembly and test (OSAT) have strong order books now to sustain their double-digit earnings growth.

Its Q1 2022 core net profit recorded 6th consecutive QoQ climb to a new high at RM584.5 million on strong loading volume for its packages used in data centres and automotive space.

What a unique name @bang_miskin haha

@Hemsley this is because the factor of 5G issue and Celcom-Digi merger is outweigh than announcement of digital banking license. Boost is their only Axiata digital business portfolio not a core business or their main revenue.

My forecast is correct.

Bank Negara has announced the five successful applicants for the digital bank licences as approved by the Minister of Finance Malaysia.

According to the Bank Negara one of winner are consortium of Boost Holdings Sdn. Bhd(Axiata) and RHB Bank Bhd.

Next war result the 5G-DNB-SWN & Celcom Digi merger.

hehe

Correct @IMwhatIM. Plus Greatech has a strong foothold for global trends of solar energy & electrical vehicles.

apple168 hope u doin well

Relax, greatech orderbook is RM546 million currently.

https://www.thestar.com.my/business/business-news/2022/04/14/greatech-technology-seeks-potential-partners--to-expand-into-europe

Nice name adikhantamking. Piak piak piak. Recently, i read the order book for Solarvest is at RM762 million. Sure will give great impact for their earnings growth. Solarvest so busy one after reopening border.

Read2.. https://www.thestar.com.my/business/business-news/2022/03/30/solarvests-earnings-likely-to-pick-up-in-fy23

The Electronic Manufacturing Services (EMS) sector is anticipating a healthy flow of contracts on the back of a pickup in consumer demand.

Hence, the reopening borders recently really benefit these EMS players. As when multinational firms can come in more easily, this will help in terms of contract flows which company can
securing new customers.

Another thing, because of labour issues faced by ATA IMS, it benefited its peer in the industry as Dyson contracts will flow to SKP.

I am confident as the company have strong foothold in the plastic injection moulding, tool and die fabrication and the important point is strong contract manufacturing and component assembly.

Piak piak piak is the only word i can say.

When we say goodbye then the stock rise. Walaowei

Haha good one Angelramirez683

piak piak piak

All the information is collected thru my reading for my personal analysis. What i shared depend by the context. Sometimes i would make my own conclusion and interpretation after in-depth research. Sometimes i just shared directly from the news with the links too but what can i confirmed that my reading source will always from legit broadsheet such as The Edge, The Star, Focus Malaysia, Malaysian Reserve, Bursa Announcement, Annual Report/Quater report. Just an ordinary person who is enthusiast for investment. We can still contact via here.

Correct Mr winetime.

Credit Suisse has initiated coverage on Farm Fresh Bhd with an "Outperform" rating and a target price of RM2.10.

The firm said as a consumer staple, Farm Fresh had fairly defensive characteristics, yet offers high medium-term growth prospects.

"We believe one of the key reasons for Farm Fresh's rapid share gains is its unique home dealership network. In FY21, this channel contributed to 34 per cent of revenue from 19 per cent in FY19.

"Farm Fresh's recent contract win to supply milk to schools will also be instrumental in growing its home dealer network, in our view," it said.

Credit Suisse estimated Farm Fresh's normalised profit to grow at a 31 per cent compounded annual growth rate between FY21 and FY24.

correct Mr Sunnyspoon and Mr Angelramirez683. confirm bonus one my friend. piak piak piak

see the news how all the major town in Malaysia is like sardine now, very padat, high volume, high traffic. People spending like hell. piak piak piak

I will be honest to all my brothers to discuss. I think the downtrend of Axiata are:

1. External sentiment from US Federal Reserve of hike interest rate this coming 4th May 2022

2. Delay in 5G issue
The dispute between the Mobile Network Operators (MNO); Axiata, Digi, Maxis, Umobile with Digital Nasional Berhad (DNB) about the share sale agreement that has not been agreed upon. The friction between the MNOs and DNB still exists. The biggest 4 MNOs have yet to agree on key terms in the Reference Access Offer (RAO) published by DNB. Those agreement outlines the costs, deliverables, requirements, including terms and conditions for the 5G network usage. It also serves as a base for commercial access agreements. Supposedly, the Single Wholesale Network (SWN) through DNB will enable the people to enjoy cheaper 5G service. It is because only one company would be involved in providing infrastructure which is DNB while telecommunications companies can focus 100% on providing the service. The government already listen to noise make by MNOs by making an offer a 70% equity stake in DNB to MNOs as a goodwill gesture to the MNOs in exchange for supporting DNB’s SWN. But these degil MNOs wanted to have Dual Wholesale Network (DWN) instead of SWN with 70% stake to them. This make 5G network rollout been very slow and making the investor huge source of frustration. The MNOs Maxis, Digi, Umobile, Celcom now try to negotiate like a cartel which forcing the government to go to Mobile Virtual Network Operators (MVNOs. If the agreement was not signed by the deadline end of June 2022, the deals might be struck with the 19 MVNOs such as Altel, redONE, TuneTalk, XOX, RedTone and etc etc. This will risk the 4 biggest MNOs in terms of pricing later on. If they did not sign by the deadline, they may not receive the preferential rate.

2. Delay of Bank Negara Malaysia
The Bank Negara Malaysia also could not announced in time for the 5 winners of Digital Banking License with the reason of delayed, because of pending completion of a legal process.

3. Delay of Celcom-Digi merger
The MCMC has made a statement of issues (SOIs) against Celcom & Digion pertaining to preliminary concerns over market competition.The ball is now in the telecommunications courts to address back the concerns to be presented to MCMC within 30 days. (Celcom&Digi, why not just accept the 70% stake of DNB maa, the MCMC then i think will sure bypass this SOI of prelimary concerns. sigh)

4. On 22 April, Axiata made an announcement offered 3,198,800 ordinary shares to their employees. This will result a bit of dilution.

people mood now is spend, spend, spend hehe

https://www.facebook.com/aeonretail.my/posts/7745080422176234 haha

Mr All_in_2021. Malaysian Automotive Association (MAA) said the government is now considering to extend the sales and service tax (SST) exemption after 30 June 2022. MAA has made an appeal letter to request for the extension from the Ministry of Finance, which will be sent after the AGM :)

on 13 April EPF announced as new substantial shareholder
again on the next day, 14 April EPF bought another 1 million shares of MYEG
again on the next day, 15 April EPF bought another 3 million shares of MYEG
again on 18 April EPF bought another 3 million shares of MYEG

Latest MYEG shareholder:
Asia Internet Holdings 19.66%
EPF 5.86%
KWAP 5.10%
CIMB 1.79%

News on 22 April 2022:

Vehicles sales up 12.7% to 73,222 units in March 2022

Source: https://www.thestar.com.my/business/business-news/2022/04/22/vehicle-sales-up-127-to-73222-units-in-march#openShareModal

General sentiment on MBMR’s sector is nice….

MYEG businesses related to government services. Only gomen-gomen like EPF know the insider ha ha